REI Fundamentals
Whether you're pre- first deal or a seasoned professional, explore the foundational knowledge upon which real estate investment success is built.
Back To: All Topics | Operations
REI Fundamentals
Whether you're pre- first deal or a seasoned professional, explore the foundational knowledge upon which real estate investment success is built.
Back To: All Topics | Operations
Why Using Credit Scores to Screen Tenants Is a Big Mistake
Everything and everyone in the property management industry teaches us to use credit scores to screen tenants. We are taught to pull credit scores and rent only to prospective tenants with good credit scores. If you are following this practice, you are making a big mistake. In fact, it could ...
FREE WEBINAR! Real Estate Investors’ and Lenders Guide to Digital Marketing
Think Realty is providing you with another FREE WEBINAR! On April 26th at 2PM (CST), Angela Barleen from iFocus Marketing will be speaking about digital marketing and how to use it to grow your business. From this webinar you will learn: • How to evaluate your business's digital presence and ...
5 Educational Tools at Every Investor’s Fingertips
If long-term success is your goal as a real estate investor, it’s imperative to maintain your hunger for knowledge. One of the biggest mistakes an investor can make is assuming they’ve learned everything they need to know. Complacency will crush you in this industry. The two things you’ll need to ...
3 Smart Business Ideas for 2022
Innovation is not the only challenge you face as a business owner. You’re probably also searching for the next big idea that will lead to business success. An idea can succeed for many reasons. It’s often about timing. A clever idea won’t work if you don’t launch it at the ...
No matter how amenity-laden a rental property is or how desirable an area it’s located in, it’s essentially worthless without responsible tenants. It’s no secret that landlords and tenants are often at odds with one another, with neither side feeling as if the other truly appreciates their struggles. However, while ...
Tax Benefits for the Self Employed
An important thing to note about self-employment is the tax deductions available. Freelancers and contractors can take advantage of many valuable benefits that are not usually open for those who work full time at traditional companies, such as being self-employed means you don't have cafeteria plans which may reduce your ...
How To Earn From Airbnb; Learn The Art Of Real Estate Arbitrage
Do you want to leverage your property to earn rent but don’t know how? Don’t worry! Using Air Bnb you can find tenants by connecting with people around the world. Planning vacations and looking for a place that gives you a home-like feel? Use Airbnb. This is an online marketplace ...
What Does Leadership for a Property Manager Look Like?
We’ve all attended leadership keynotes, workshops, and webinars. We are motivated by the presentations but in practice what does leadership look like in the real world? In the book Good to Great they outline the attributes of a good leader which include being humble, supportive, a good communicator, coach, caring, ...
Growing a Strong Leadership Team
Having a successful venture in the real estate field is rarely done alone. With such a variety of strategies, asset types, and investment styles, only a fool would assume they could win long term, without a team. “Coming together is a beginning, staying together is progress and working together is ...
Think about partnerships a little differently. Instead of thinking about a partnership between you and someone else I want you to think about a partnership between you and your future you. The work and sacrifice you do today will be felt and appreciated by your future self. This partnership can’t ...
6 Real Estate Closing Gifts That Clients Will Actually Use
Being a real estate agent is a rewarding and exciting career. You get to help people make life changing purchases, upgrade or downgrade their homes, buy commercial properties, and sell their existing ones. Part of building those relationships so that people will keep coming to you and send their friends ...
I have been running businesses and investing in real estate for over 30 years and I have learned that partnerships are the most efficient ways to scale any venture. I haven’t always felt that way. In the beginning of my career, I was worried about keeping my market share, my ...
How Landlords Can Support Tenant Wellbeing
All landlords have legal relationships with their tenants. On paper, the nature of the tenant-landlord relationship is purely transactional - the tenant pays a monthly fee, the landlord makes sure the dwelling is habitable. However, in many cases, landlord-tenant relationships also have a human element. Tenants may stay in the ...
5 Tips for Growing Your Real Estate Business
One of the most appealing aspects of the real estate business is that there are no limits to your performance or earnings potential, as there will always be clients who really need your services. Whether you need to purchase or sell a property, new people who come to the region, or perhaps ...
Understanding the Pros and Cons of Investing in Real Estate
Investing in real estate involves the purchasing of properties to increase your assets and possibly profit from this action. Since it is considered to be less risky compared to other investments, real estate acquisition can be a great addition to your investment portfolio. It is also known to be a ...
4 Smart Ways To Become A Successful Real Estate Investor
Real estate brings tremendous profit if the investment game is played tactfully. Real estate is not a happy-go-lucky kind of investment venture, you need to plan and play your game with close observations and strategize your every move. A single investment may make or break your entire investment game. If ...
6 Tax Breaks for First-time Investors
Real estate can be a lucrative long-term investment for your portfolio. It can also provide you with tax breaks and deductions along the way. But real estate tax law can be tricky, particularly for first-time investors. It’s important to do your research and understand all of the codes and breaks ...
10 Things You Can Outsource for Your Property as an Investor
Managing an investment property is a huge commitment. It takes a lot of time, money, and dedication to be successful. Luckily, you don’t need to do everything on your own. For example, owning a long-term rental or an Airbnb takes a lot of upkeep, but property managers, online platforms, and ...
3 Steps to Flip Houses for Quick Profits
One of the most significant changes in the housing market over the last decade has been house flipping. In this real estate transaction, a home is quickly bought and sold to make a profit. When flipping, an investor buys a property to sell as soon as possible, generally within 12 ...
5 Factors for Real REI Success
Many real estate investors tend to get caught in the trap of believing that since we have been investing in real estate for years that we have that many years of experience. “How many years of experience do you have?” “I’ve got 18 years of experience in real estate investing,” ...
Add Value to Your Home With These Upgrades
Timing for an upgrade to your home, or even home improvements, might never be perfect, but now is as good a time as any to begin the projects you want to complete. While you might have no interest right now in selling, that doesn’t mean you need to put that ...
The Indispensable Guide to Selling Your Home
Ready to sell your home? If you’re feeling the pull to put your home up for sale, it helps to know the best strategic moves to be successful. Curious about how to get the best results when it comes to selling your home? Here are key considerations to guide your ...
Looking to Sell? Here Are Your Best Options
Not long ago, homeowners wishing to sell their houses only had one option. They called a real estate agent. The agent showed their home, had open houses, and eventually sold their house. It was the accepted (and only) method of selling, so homeowners went with it. Today’s real estate market ...
Property Development Is About People
It is easy to get lost in the finer points of property development when there are so many moving pieces that developers are responsible for managing. Between acquiring professional teams, project deadlines, budget revisions, risk management, and compliance with local ordinances, a developer must always be on call. The most ...
Securing trustworthy renters is an ongoing challenge and migraine-inducing process for property managers. Screening applications for fraudulent data and document fabrication to decrease eviction rates and rental fee defaults down the road is a top priority. Property managers, with small to large rental inventories, need screening tools that provide reliable ...
